FarCon

ironically leaving farcon more bearish on farcaster.

the protocol wants to compete and win at the client level.

clients want to win and avoid being dependent on the protocol.

all roads lead to winner take all.

what’s the point?

This is the inherent schizophrenia of crypto. 

A Delaware C-corp raises equity capital to build a user-facing app, while building an underlying protocol destined to one day welcome as many competitors as possible, and whose token will capture most of the liquid value.

Somehow the team must navigate the contradiction.

it‘s actually only schizophrenia if you belong to the group of people that want to build companies in crypto. My project is a year old yet no company or investors exist. Skill issue if you‘re getting shizo

now ask urself why we crypto maxis always blame vcs for everything

besides @antonio this problem is older than Crypto. Even Hintjens wrote about this already. Just don‘t make the company all about accruing value but as a vehicle to protect legal liability. But Vcs would skip on u if u said that ofc